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Moody’s downgrades UK credit rating to Aa3 from Aa2, outlook stable

Moody’s cuts the United Kingdom

Boris Johnson
This isn’t entirely unexpected but you hate to see it. Fitch recently affirmed the UK at AA-, which is the equivalent of Aa3. S&P remains one notch higher at AA but it’s under review.
Moody’s cited three reasons for the sovereign downgrade:

(more…)

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This is what gold fever looks like

Hungry for gold news?

Hungry for gold news?  
Last week I made one comment that submitted to one media outlet on gold prices. The take up was telling.
The below was the amount of publications it occurred in and the approximate circulation.
Remember the below came from just one comment.
This is what a mania market looks like.
Gold is buy on the dips and buy on the breakouts. If you could only trade one market this year – this would be it.